Social Impact Resources

Community development banks’ commitment to social impact is what sets them apart from mainstream banks. By collecting and tracking social impact data, CDFI banks continually improve their service to their communities.

City First Bank of D.C.: The YMCA Anthony Bowen

CDBA seeks to promote best practices for social impact measurement in the community development banking field. Browse our social impact materials below.

Expanding CDFI Coverage in Underserved Areas Task Order (2016)

This series of workshops organized by the CDFI Fund and OFN provided specialized training and technical assistance to certified and emerging Community Development Financial Institutions (CDFIs) seeking to expand their reach into underserved communities that currently lack a CDFI presence. CDBA was contracted to present methods CDFIs employ to measure and use impact data.

CDBA Social Impact Working Group

As part of the Expanding CDFI Coverage Task Order, CDBA was invited to organize a community development bank impact working group. This group of ten banks participated in a set of four webinar sessions to discuss how their institutions manage impact data.

CDFI MDI Capacity Building Initiative (2014)

The CDFI Fund’s Preserving and Expanding CDFI Minority Institutions webinars, organized by the CDFI Fund and Deloitte, were designed to expand CDFI Minority Depository Institutions’ capacity to grow and sustain their lending and social impacts within their target markets. CDBA was contracted to create a comprehensive social impact presentation that could be used by CDFIs to build their social impact systems from the ground up.

CDBA/AERIS Social Impact Measurement for Community Development Banks Report (2013)

The CDBA/Aeris Social Impact Measurement for Community Development Banks Report aggregates best practices for social impact collection in the community development banking sector. Ten CDFI banks contributed information on their social impact systems to the study. The report highlights the unique approaches being implemented by the banks to meaningfully incorporate the use of social impact measures into the framework of their organizations.